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Aug 18, 2021
08/21
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lemonis: hi. lilia: hi. lemonis: how are you? lilia: good, how are you? lemonis: good. i'm marcus.is: nice to meet you, too. lilia: and this is thomas schiffer. lemonis: how are you? thomas: nice to meet you. lemonis: nice to meet you. it smells good in here. is there, like, a special sauce or what am i smelling? thomas: we got a lot of special. lemonis: and you guys are partners in the business. lilia: we are partners. lemonis: are you a couple as well? lilia: no. lemonis: okay, were you guys ever a couple? thomas: we met on a dating app, but quickly realized that was not...our fate. lilia: he stood me up the first date. he ghosted me. he didn't text me. he didn't call me. thomas: i was, you know, i was toe-dipping. lemonis: you were toe-dipping. which toe was it? -thomas: the big toe. -lilia: his big toe. lemonis: i would say just own it at this point. lilia: so anyway, long story short, we were both going through a divorce. he told me about his pizza shop. he told me that he has kids up in oregon that he hasn't seen and he wants to get there. thomas: i moved up to oregon because
lemonis: hi. lilia: hi. lemonis: how are you? lilia: good, how are you? lemonis: good. i'm marcus.is: nice to meet you, too. lilia: and this is thomas schiffer. lemonis: how are you? thomas: nice to meet you. lemonis: nice to meet you. it smells good in here. is there, like, a special sauce or what am i smelling? thomas: we got a lot of special. lemonis: and you guys are partners in the business. lilia: we are partners. lemonis: are you a couple as well? lilia: no. lemonis: okay, were you guys...
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Aug 25, 2021
08/21
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lemonis: okay. wendy: yeah? lemonis: it looks better.he customer inquiry will go into wendy's sales process. the next step is for ryan to design the product for the customer to review and approve. once approved, it will go into a cad drawing. that cad drawing they can send to a manufacturer in that local area, who will make it, finish it, and deliver it to the client. this process will all be supervised by imani. ryan: this is a great plan, yes. alphus: yes, thank you. how much additional cash do we need specifically for this project? alphus: we haven't finalized a budget. it's a hard -- that's why i need clari-- 'cause i don't want a miscommunication with you, marcus. lemonis: is there more customer issues that were not resolved in the $34,000? ryan: i think we were about $10,000 off on that. lemonis: so i'm going to give you 41 grand. so how much money will i have given you when i give you this check? alphus: $75,000. lemonis: i would say we want to get this space built out as fast as we can. ryan: alright. lemonis: and and you'll have
lemonis: okay. wendy: yeah? lemonis: it looks better.he customer inquiry will go into wendy's sales process. the next step is for ryan to design the product for the customer to review and approve. once approved, it will go into a cad drawing. that cad drawing they can send to a manufacturer in that local area, who will make it, finish it, and deliver it to the client. this process will all be supervised by imani. ryan: this is a great plan, yes. alphus: yes, thank you. how much additional cash...
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Aug 15, 2021
08/21
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lemonis: do you make boxes for this? mindy: no. lemonis: could you? mindy: yeah. lemonis: okay.. lemonis: with the same materials, there's an opportunity to actually grow the business with the same retailer. to me, i'm thinking, "how do we make more money?" the fact that you brought me here gets me more excited about the opportunity to grow the business. having the distribution already set up with a retailer like this means the relationship is there. what's dawning on me right now is i don't feel like they're utilizing any form of commerce other than just selling and relying on retailers to sell it. we need to sell more goods online direct to consumer to be able to realize higher margins. what i'd like to do is turn this room into your online fulfillment center, 'cause we're gonna crank this website up. pull off the things that you want to sell online. mindy: yeah, that's fine. lemonis: in today's day and age, it's okay even if you are a wholesaler to other companies to have a direct-to-consumer distribution channel. you have to say to yourself, "now, wait a second. how am i onl
lemonis: do you make boxes for this? mindy: no. lemonis: could you? mindy: yeah. lemonis: okay.. lemonis: with the same materials, there's an opportunity to actually grow the business with the same retailer. to me, i'm thinking, "how do we make more money?" the fact that you brought me here gets me more excited about the opportunity to grow the business. having the distribution already set up with a retailer like this means the relationship is there. what's dawning on me right now is...
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Aug 25, 2021
08/21
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-lemonis: great husband? -laurie: yes. -lemonis: great father? -laurie: yes. -lemonis: good boss?-lemonis: nice to see you. -laurie: hi. good to see you. -corey: what's up, boss? lemonis: my man, what's happening? -corey: good to see you, man. -lemonis: good seeing you. what is this chain you're wearing? corey: it's a whole solid gold bagel with diamonds for the salt. lemonis: where'd you get that? corey: laurie got it for me 25 years ago. lemonis: that's how long you've been in the business? corey: probably longer than that. laurie: you've been in the business since the day you were born. come on. it's in your blood. -corey: probably. lemonis: you're a bagel man through and through. corey: that's where it started. originally, the stores were corey's bagels. laurie: which i like better than nyc, but that's okay. corey: but i'm gonna come back to that, okay? corey's bagels for years and years and years. when we came here, it was new york bagel deli, which i'd purchased from a friend of mine. the name came with it. lemonis: you bought one location. -corey: i bought one location. -le
-lemonis: great husband? -laurie: yes. -lemonis: great father? -laurie: yes. -lemonis: good boss?-lemonis: nice to see you. -laurie: hi. good to see you. -corey: what's up, boss? lemonis: my man, what's happening? -corey: good to see you, man. -lemonis: good seeing you. what is this chain you're wearing? corey: it's a whole solid gold bagel with diamonds for the salt. lemonis: where'd you get that? corey: laurie got it for me 25 years ago. lemonis: that's how long you've been in the business?...
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Aug 11, 2021
08/21
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lemonis: hi. lulu: how are you? lemonis: good.xt step is because there's the show coming and production that needs to happen. i thought it would be good just to sit down and work it out. i know that there was... i don't know how you say it in french, drama. florence: not really drama. frank: drama? lulu: well, you were incredibly mad that day, and i get it. and i was also really... florence: i don't think you get it. i just wanted you to be understanding, which you were not. lemonis: what got relayed from her to me was, it doesn't matter how many we make. the price is gonna be the same no matter what. i was like, "how could it be the same?" florence: you know, we are handmade, one piece by one piece. lemonis: but if it only works for her, you're not gonna do it. florence: yep. lemonis: if it only works for you, she's not gonna do it. and if it doesn't work for the customer, nobody is gonna do it. florence: i don't want to work for nothing. ♪♪ lulu: we're kind of playing around with different colors of the dust bag. lemonis: there'
lemonis: hi. lulu: how are you? lemonis: good.xt step is because there's the show coming and production that needs to happen. i thought it would be good just to sit down and work it out. i know that there was... i don't know how you say it in french, drama. florence: not really drama. frank: drama? lulu: well, you were incredibly mad that day, and i get it. and i was also really... florence: i don't think you get it. i just wanted you to be understanding, which you were not. lemonis: what got...
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Aug 29, 2021
08/21
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lemonis: be in touch. congrats. wendy: thank you. ♪♪ lemonis: oh!aughter ] lemonis: tonight on "the profit"... bunch of cheese snobs in here. ...a family-run cheese shop has been a staple in the community for decades. michael: who wants first? let's go. lemonis: unfortunately, the ugly, aging storefront speaks to a lack of passion. look how your windows look. looks like you guys don't respect the business. and what once was a thriving business has now become a burden to both father and son. michael: it felt like i was an indentured servant. lemonis: dad's terrible money management has racked up debt. the company is essentially bankrupt. if you don't solve the debt, the business is closed. that debt has weighed on his son. michael: i said, "you own the business, too. you come and run it." lemonis: and the employees, they've reached their limit. miguel: for the last 18 years, you have not raised me a penny. you don't know what kind of man i am. lemonis: if i can't help renew their passion... nothing's changed. ...revamp their attitude... miguel: i lov
lemonis: be in touch. congrats. wendy: thank you. ♪♪ lemonis: oh!aughter ] lemonis: tonight on "the profit"... bunch of cheese snobs in here. ...a family-run cheese shop has been a staple in the community for decades. michael: who wants first? let's go. lemonis: unfortunately, the ugly, aging storefront speaks to a lack of passion. look how your windows look. looks like you guys don't respect the business. and what once was a thriving business has now become a burden to both...
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Aug 8, 2021
08/21
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lemonis: $5.perceived value difference between plain one and this, it's got to be $15 or $20. flex's watches used to cost them $5 to make, and they would sell them for $35. licensing printed village designs will cost as additional $5, bringing the total to $10. but it will also boost the perceived value of the watch, allowing us to raise the price of the watch by as much as $20. so that $5 investment will end up yielding the company an additional $15 in gross profit. trevor: all right. like this. i like that it's different. i think the skull thing is kind of fun. brad: i don't think skulls and the edginess and the darkness -- i-i'm not a fan of it. just don't like the skulls. travis: it's a "no" for me. brad: no. trevor: i still like it. brad: how does that have to do anything with who we are? trevor: well, people love halloween, though. i could argue that this is a fun thing to launch in october. travis: in october. you lost your mom to breast cancer, so i don't think we want to push skulls. trev
lemonis: $5.perceived value difference between plain one and this, it's got to be $15 or $20. flex's watches used to cost them $5 to make, and they would sell them for $35. licensing printed village designs will cost as additional $5, bringing the total to $10. but it will also boost the perceived value of the watch, allowing us to raise the price of the watch by as much as $20. so that $5 investment will end up yielding the company an additional $15 in gross profit. trevor: all right. like...
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Aug 11, 2021
08/21
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lemonis: see, group hug. are you gonna join us or not? xander: yeah, i... lemonis: alright. that's awesome. ♪♪ see you tomorrow "the news with shepard smith" starts now. >>> governor cuomo gives his two-week notice. i'm shepard smith. this is the news on cnbc >> my resignation will be effective in 14 days >> governor cuomo's fall from the political mountain >> in my mind i've never crossed the line with anyone >> looming legal problems and the lieutenant set to make history as new york's first woman governor >>> front line nurses, frustrated and heart broken. >> it is unnecessary and it is preventible. >> the reality they wish all americans could see. >> closing in from all sides the taliban sacked another capital. our report from afghanistan on the taliban atrocities and stories of abuse on women and girls. >>> a blockbuster bipartisan break through. the senate passes the $1 trillion infrastructure bille $1 trillion infrastructure bill and reflecti the gum bumpy road ahead and reflecting on last year's deadly derecho storm and the news over election lies. and a shoplifting
lemonis: see, group hug. are you gonna join us or not? xander: yeah, i... lemonis: alright. that's awesome. ♪♪ see you tomorrow "the news with shepard smith" starts now. >>> governor cuomo gives his two-week notice. i'm shepard smith. this is the news on cnbc >> my resignation will be effective in 14 days >> governor cuomo's fall from the political mountain >> in my mind i've never crossed the line with anyone >> looming legal problems and the...
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Aug 8, 2021
08/21
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lemonis: at an l.a. watch business with a powerful mission... each color represented a different charity. lemonis: ...the owners have lost their way, and now they're losing time. how much longer could you keep the business open? travis: another few months. [ sighs ] lemonis: their branding is unfocused. this is a total mess. there's no signage. there's no point-of-purchase material. there's nothing. their process is rushed. feels like a high-school art project. and a painful tragedy has them questioning their purpose. travis: you're allowed to talk about the fact that we did charity and -- trevor: that is not our direction. travis: let's be honest. trevor: stop cutting me off.
lemonis: at an l.a. watch business with a powerful mission... each color represented a different charity. lemonis: ...the owners have lost their way, and now they're losing time. how much longer could you keep the business open? travis: another few months. [ sighs ] lemonis: their branding is unfocused. this is a total mess. there's no signage. there's no point-of-purchase material. there's nothing. their process is rushed. feels like a high-school art project. and a painful tragedy has them...
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Aug 11, 2021
08/21
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lemonis: ...stabilize her supply chain...ouse. lemonis: ...and increase the perceived value of her product... woman: i don't think it looks expensive. lemonis: ...she won't be able to cover her hide.
lemonis: ...stabilize her supply chain...ouse. lemonis: ...and increase the perceived value of her product... woman: i don't think it looks expensive. lemonis: ...she won't be able to cover her hide.
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Aug 13, 2021
08/21
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lemonis: rhonda. [ laughter ] hol-- the business has lost $7 million. the business is insolvent.
lemonis: rhonda. [ laughter ] hol-- the business has lost $7 million. the business is insolvent.
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Aug 18, 2021
08/21
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lemonis: um, is this for real?
lemonis: um, is this for real?
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Aug 25, 2021
08/21
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lemonis: in the three-year period, the business made almost $700,000.
lemonis: in the three-year period, the business made almost $700,000.
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Aug 15, 2021
08/21
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>> yes. >> so am i, lemonis.. >> it's two greek-- >> so, see, you know how the greeks are, then. >> that's right. i do know how the greeks are. listen, one of the things that i think may be a better angle is for us just to buy the bank's position. so if we just signed a deal to buy the bank's position at $240,000, the economics are the same for you, but they put us in a little better spot, and i want the leverage to have the ability to get something back. when the original borrower took out a loan against the warehouse, he pledged additional pieces of property other than the warehouse as part of the loan. the loan is now in default, and the bank is foreclosing, so when i buy the bank note, i'm not only gonna get the warehouse as collateral, but i'm going to get other pieces of property as collateral as well. my plan is to liquidate those other pieces of property, which will lower my investment from $240,000 to $140,000. >> you are 100% correct. >> do you understand? >> you should. you should! >> to me, the net re
>> yes. >> so am i, lemonis.. >> it's two greek-- >> so, see, you know how the greeks are, then. >> that's right. i do know how the greeks are. listen, one of the things that i think may be a better angle is for us just to buy the bank's position. so if we just signed a deal to buy the bank's position at $240,000, the economics are the same for you, but they put us in a little better spot, and i want the leverage to have the ability to get something back. when the...
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Aug 22, 2021
08/21
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lemonis: alright, brother. ♪♪ >>> hey there "options action" fans i'm leslie picker in for melissa lee have a big show coming your way. here's what's on tap >> going for the gold, the chart master sees a shiny new opportunity, as the dollar rallies to a nine-month high carter worth is breaking down the charts >>> plus, may the force be with you. tony zhang is looking to the cloud as salesforce gears up for earnings, why he's betting this name could start raining profits. >>> and later, buckle up mike khouw is putting the pedal to the medal will this stock get the reports next week. it's time to risk less and make more "options action" starts right now. >>> we kick things off tonight with a big breakout for the u.s. dollar the green back hitting a nine and a half month high and the chart master says there's a golden opportunity in the rally. let's get to carter worth to chart the action carter well, leslie, let's look at the dollar again and let's look at gold so, the first chart is -- let's spend a bit of time on this. the symmetry, the analog of the prior move, it's remarkable. so, we
lemonis: alright, brother. ♪♪ >>> hey there "options action" fans i'm leslie picker in for melissa lee have a big show coming your way. here's what's on tap >> going for the gold, the chart master sees a shiny new opportunity, as the dollar rallies to a nine-month high carter worth is breaking down the charts >>> plus, may the force be with you. tony zhang is looking to the cloud as salesforce gears up for earnings, why he's betting this name could start...
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Aug 8, 2021
08/21
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my name is marcus lemonis, and i fix failing businesses.
my name is marcus lemonis, and i fix failing businesses.
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Aug 23, 2021
08/21
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lemonis: alright, brother. ♪♪ ♪ >>> good morning and welcome to "street signs" i'm joumanna bercetchejulianna tatelbaum and these are your headlines. european stocks rally alongside asia's rebound from last week's lows, but service and manufacturing activity in europe slows amid supply chain constraints and new covid protocols. >>> rallies to the top of the stock 600 as private equity buyers reportedly start to circle the uk supermarket chain. >>> germany's cdu and are level in the polls with just five weeks to go until the general election as support for chancellor angle merkel's party wanes in the largest drop since 2017. >> translator: remaining 35 days, every hour to ensure the csu is strong every hour to ensure we shape germany well and lead it into a good future and that we do so, of course, with our future chancellor >>> nato secretary general tells cnbc the organization is working around the clock to get as many people out of the afghanistan as possible blaming the failure of afghan leadership for the taliban takeover >> the speed of the collapse of the afghan government and s
lemonis: alright, brother. ♪♪ ♪ >>> good morning and welcome to "street signs" i'm joumanna bercetchejulianna tatelbaum and these are your headlines. european stocks rally alongside asia's rebound from last week's lows, but service and manufacturing activity in europe slows amid supply chain constraints and new covid protocols. >>> rallies to the top of the stock 600 as private equity buyers reportedly start to circle the uk supermarket chain. >>>...
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Aug 9, 2021
08/21
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tomorrow a new season of "the profit" with marcus lemonis, same time. don't miss it.k in a moment eti. how? they have a better finance system than we do. i feel like they might have a better finance system than we do. workday. how do they make better decisions faster? workday. it's got to be something workday. i think i got something. work... hey, rob, you're on mute. hello! hey, rob, there he is. workday. the finance, hr and planning system for a changing world. new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today. (♪ ♪) whose resumes on indeed matchwhether it's aeria. technology first, (♪ ♪) a fashion first, (♪ ♪) a science first, (♪ ♪) or a first for us all (♪ ♪) whatever you hope to achieve for your business, cloud first helps you get to value...first (♪ ♪) let there be change accenture >>> one more thing an anniversary for gig economy stocks a year ago tod
tomorrow a new season of "the profit" with marcus lemonis, same time. don't miss it.k in a moment eti. how? they have a better finance system than we do. i feel like they might have a better finance system than we do. workday. how do they make better decisions faster? workday. it's got to be something workday. i think i got something. work... hey, rob, you're on mute. hello! hey, rob, there he is. workday. the finance, hr and planning system for a changing world. new projects means...
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Aug 27, 2021
08/21
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they probably owned slaves [ crying sounds [ bleep ] you, lemony snicket. [ light laughter ]se ] >> sethons on your wonderful show and i feel a little bad, because the show is -- you know it's about stand-up comedy. >> uh-huh. >> seth: it's about how exciting it is to be in front of an audience and i do wish you could be here on a night where we had more people >> oh, no. i -- ten -- ten guys in the dark is home for me [ laughter ] i -- target demo >> seth: this is your -- because now you -- because you've been a stand-up for a very long time. >> yes >> seth: this is a wonderful show about stand-up, about what it means to be a stand-up. but as someone who has been a stand-up for a very long time, you have played in rooms where there weren't a lot of people. >> yes, yes. i -- i actually have played for, if you can believe it, negative amounts of people. >> seth: what -- no, what is negative amounts >> there have -- well, like, in a building like this -- like this is "30 rock," so, like, i have done shows that maybe, like, on nights where the only people in the audience would be like ghost
they probably owned slaves [ crying sounds [ bleep ] you, lemony snicket. [ light laughter ]se ] >> sethons on your wonderful show and i feel a little bad, because the show is -- you know it's about stand-up comedy. >> uh-huh. >> seth: it's about how exciting it is to be in front of an audience and i do wish you could be here on a night where we had more people >> oh, no. i -- ten -- ten guys in the dark is home for me [ laughter ] i -- target demo >> seth: this is...